Allianz
UK insurers wait on developments following PM Cameron EU Treaty veto
Standard and Poor’s downgrade warning on 15 insurers should have been “no surprise” but the market is still in the same position it was a week ago given the lack of “concrete activity” at the weekend, according to an industry analyst.
Data collator to compile flood information after UK insurer requests
European insurer-backed catastrophe data collator Perils is to start compiling information on floods from January next year in response to demands from UK insurers.
Market moves: Ageas and Axa name new MDs
With insurance companies gearing up for the festive holidays, it was a surprisingly busy week in recruitment.
Fleet risk management: Risk on the roads
With government statistics showing a 7% annual increase in road accident fatalities during Spring 2011, should brokers be working harder on fleet risk management?
RBS tackles huge rise in storm claims
RBS Insurance saw a 1000% rise in storm claims arising from the severe weather in Scotland last week.
Chaucer strengthens energy team
Chaucer has made new underwriting appointments in London, Houston and Oslo.
S&P warns of mass insurer downgrade
Allianz, Aviva and Axa are among 15 insurers placed on negative watch by Standard and Poors.
AGCS expands energy team
Allianz Global Corporate & Specialty (AGCS) has appointed Pete Connors as offshore energy global product leader with effect from 3 January 2012.
Payment protection insurance thrives in Europe
Payment protection insurance is an expanding market in much of Europe, despite issues in the UK market, according to a report.
Stolen Vehicle Unit to remain open
The Stolen Vehicle Unit has been granted a reprieve, and will remain open, a Metropolitan Police boss has confirmed.
NIG names three in SME push
Broker-only commercial insurer NIG has appointed area business development managers at its regional headquarters in Bristol, Maidstone and Watford.
Allianz targets profit with overhaul of property business
Allianz Deutschland AG is restructuring its German property insurance segment, with the aim of returning the business to growth and profit long term.
Russian Insurance Market – Decay or good prospects?
The Russian insurance market is only 20 years old and comes with a set of its own challenges but according to Paul Koshik there are opportunities there too.
Duo found guilty of £40 000 claims scam
Two friends who claimed against Zurich and Allianz policyholders in ‘slip and trip’ and ‘cash for crash’ scams have each been handed two-year suspended sentences.
Underwriting Service Awards 2011
The second annual Underwriting Service Awards ceremony took place at the Oval cricket ground, London, with more than 250 underwriters in attendance. The winners were determined by the feedback and views of intermediaries, who place risks on behalf of…
Career development: Allianz employees gain CII qualifications
Allianz staff have received the results of their Chartered Insurance Institute examinations, with 78% of employees achieving passing grades.
My best 11- Ian Wainwright and Paul Lee, Ecclesiastical Insurance
Ian Wainwright, broker sales director at Ecclesiastical, and Paul Lee, northern regional director, select their Best XI for an insurance start-up. The self-styled Clough and Taylor have chosen from the great and good of insurance — including their boss —…
Fire protection sprinklers: The market needs saturating
Despite research showing sprinklers significantly reduce economic damage and environmental impact following major fires, hopes for mandatory legislation remain low.
Broker Adrian Flux to sell Allianz motor cover
Allianz Retail’s Clear private car product is now available via specialist motor insurance broker Adrian Flux.
Allianz appoints two board members
Allianz Global Corporate & Specialty (AGCS) has made two new appointments to its Board of Management.
Allianz Global boosts its board
Allianz Global Corporate & Specialty has announced two new appointments to its board of management with effect from 1 January 2012.
Allianz hails “significant victory” despite lost appeal
Allianz has hailed the Court of Appeal’s judgment in the credit hire case of footballer Darren Bent as a “significant victory” for the general insurance industry.
Allianz Italy executive steps down to head Intesa Sanpaolo
Italian bank, Intesa Sanpaolo, has appointed Enrico Cucchiani as its new chief executive officer.
Groupama aims to improve solvency ratio with asset sale
Speculation is mounting that regulatory pressure in France has led Groupama to attempt to raise close to €1bn through the sale of its GAN Assurances unit.